Bitcoin
Updated

BTC/USD Monthly DXY correlation

802
Hi guys ! this is my monthly chart with DXY correlation and its pretty interesting and ofc is a big factor , remember you are trading BTC/USD or whatever currency in our country , but USD is the most important.


Watch close whats going on there guys , if dxy drops , btc go up , if dxy moons btc will drop and find consolidation and botton line hopefully :)

Keep it simple

Whisperer
Note
snapshot
Note
look this correlation BIG BULL RUN ON 2017 , DXY CRASH > BTC MOON + parabolic advance.

so ye , dxy is important for measure next moves here

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.